Tax credits available for US clean energy manufacturers
- PDF / 155,287 Bytes
- 1 Pages / 585 x 783 pts Page_size
- 78 Downloads / 190 Views
adjust color. While the current trend for increased efficiency in lighting is driving a transition from incandescent bulbs to fluorescent lights, it is likely that fluorescent lights will eventually also be replaced by more efficient technologies like light-emitting diodes. This means that there will be a small increase in demand for terbium and europium that will eventually wane. The increased demand for these two rare-earth elements can be met largely by recycling and reuse while also developing substitute technologies in parallel. As technologies and materials supplies develop, the very definition of what is critical is constantly changing. According to Rod Eggert, director of the Colorado School of Mines Division
EU-US joint consultative group meets on science and technology cooperation
E
uropean Union and US officials met in Washington, DC, on February 12 to discuss ways to enhance science, technology, and innovation cooperation. Both sides are committed to the critical role science, technology, and innovation can play in developing the knowledge and technologies that can foster economic growth, create jobs, and help solve
shared challenges, such as in health, climate change, and food security. Groups led by the Director-General for Research and Innovation of the European Commission, Robert-Jan Smits, and Kerri-Ann Jones, US Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs, explored how to advance
Tax credits available for US clean energy manufacturers www.energy.gov
T
he US Departments of Energy and the Treasury announced in February the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States. The Advanced Energy Manufacturing Tax Credit was established by the American Recovery and Reinvestment Act—an economic stimulus package
passed in 2009—to support investment in domestic, clean energy, and energy efficiency manufacturing facilities through a competitively awarded 30% investment tax credit. The initial round provided $2.3 billion in credits to 183 projects across the country. The $150 million in tax credits are being made available because they were not used by the previous award recipients. The program supports manufacturing of a range of clean energy products, from
of Economics and Business and deputy director of the CMI, “what is unusual about the CMI is the close coupling of economic analysis with science and engineering research. The economic analysis will directly inform annual decisions about which research projects to continue, which to stop, and which new research areas should be pursued.” While the important task of finding new solutions to address shortages in energy critical materials will continue to be a challenge for researchers and policymakers alike, the establishment of the CMI is an important step in securing the future of the US clean energy economy. Jennifer A. Nekuda Malik
cooperation in various areas, including materials scien
Data Loading...
